Latest Realty News

For a few years now, the usually peak festival season hasn't been a time of joy for the housing business, but this year builders are hopeful of a revival after the Narendra Modi-led BJP swept to power in Delhi and business sentiment improved

MUMBAI: The Supreme Court's direction to the Maharashtra government to remove "private forest" tag attached to huge land parcels across the state is likely to give a push to development of real estate in such vacant areas, according to real estate developers' body Credai.

MUMBAI: Many investment experts believe that real estate investors could be in for a good time in the coming year. "It is a good time to invest in the real estate space. If you are getting a good entry price, you should definitely invest during the period between January and the monsoon of 2014," says Sanjay Dutt, executive managing director, Cushman & Wakefield. Some are asking their clients to consider investing before the general elections next year. If you are sitting on money for a long tim

MUMBAI:High price points and sticky borrowing costs have weakened buyer sentiment in the commercial and housing markets but realtors hope that since pent-up demand has increased over the three year slowdown in demand the first quarter of 2014 could see an upturn.

MUMBAI: Welcoming the 0.25 per cent rate cut by two of the biggest home loan financiers SBIBSE 1.24 % and HDFC, realty sector participants today said the move will help revive interest in the gloomy market.

MUMBAI: The country's real estate sector saw 18-20% job losses over the last one year because of weakening sales and tight liquidity, according to Lalit Kumar Jain, chairman of Confederation of Real Estate Developers' Association of India (CREDAI).

MUMBAI: For all the changes that the sector has seen over the last two decades, buying or building a house still remains out of reach for a majority of the population. Not that renting one is any easier.

MUMBAI: The state of uncertainty over the proposed Navi Mumbai International Airport has put the real estate market at Ulwe node, in shambles. It is mainly on the back of this project, home buyers have been showing interest in the area but now that there have been talks to scrap the project, there is a reason for property buyers to get jittery.

MUMBAI: The Maharashtra Chamber of Housing Industry, a member of the Confederation of Real Estate Developers’ Associations of India (MCHI-CREDAI), today opened doors to the 22nd Real Estate and Housing Finance Exhibition in Mumbai from 17th – 20th October, 2013.

MUMBAI: Developing affordable housing in Mumbai is crucial to ensure that the low-income group is not compelled to live in illegal buildings, thereby, curbing tragedies related to collapsing buildings. There are a lot of economic, regulatory and urban issues which need to be looked into for ensuring that there is enough affordable housing inventory to meet the demand. While the unavailability of urban land, rising costs of construction and regulatory issues are the supply-side constraints, lack